GXY 0.00% $5.28 galaxy resources limited

With production already at nameplate rate it seems to me that...

  1. 314 Posts.
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    With production already at nameplate rate it seems to me that knocking over the rest of the 2016 contract and the 2017 contract will be a cake walk. Capital cost need only be a fraction of the 2016 levels (assuming management do choose to develop the plant further).
    I don't know what the MC will be but it looks like a bargain now and the lower it goes just looks more like a bargain.

    Chart wise no where near a buy signal but I guess the buy signals only come after the buying has already started.

    My opinion only.

    GLTA
 
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